---
schema_version: "secwatch.filing_event.v1"
accession: "0001692115-26-000086"
form_type: "8-K"
ticker: "SWX"
cik: "0001692115"
company_name: "Southwest Gas Holdings, Inc."
filed_at: "2026-05-05T23:59:59+00:00"
generated_at: "2026-05-14T23:26:37.377214+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Southwest Gas Q1 EPS $1.91 from cont ops; files $172M in rate cases; Great Basin oversubscribed

## Summary
- Net income from cont ops $138.4M ($1.91 diluted EPS) vs $134.3M ($1.86) in prior year; affirmed FY 2026 guidance.
- Filed Arizona rate case requesting $101M revenue increase (expected Apr 2027) and Nevada case $71M (expected Oct 2026).
- Great Basin open season received expressions of interest for 2.5 Bcf/d, significantly oversubscribing 0.3 Bcf/d capacity; base capital $1.7B unchanged.
- Quarterly dividend raised 4% to $0.645 per share; cash on hand $484.8M, liquidity ~$1.2B.
- Utility ROE 8.5% for twelve months ended March 2026; delayed California rate case decision temporarily impacted Q1.

## SEC filing metadata
- accession: 0001692115-26-000086
- form_type: 8-K
- ticker: SWX
- cik: 0001692115
- company_name: Southwest Gas Holdings, Inc.
- filed_at: 2026-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1692115/000169211526000086/0001692115-26-000086-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/92416/000169211526000086/swx-20260505.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001692115-26-000086
- JSON: https://secwatch.observer/filing/0001692115-26-000086.json
- Plain text: https://secwatch.observer/filing/0001692115-26-000086.txt

## Source-grounded claims
- claim_id: e8965e0b59ea877c386e0733ecfa893a5c2d7ea8
  claim: Southwest Gas Holdings, Inc. updated its quarter ended March 31, 2026 guidance (reaffirmed).
  evidence_excerpt: On May 5, 2026, Southwest Gas Holdings, Inc. released summary financial information to the general public, including the investment community, regarding operating performance for the quarter ended March 31, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1692115/000169211526000086/0001692115-26-000086-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.